Convert United States Dollar to Azerbaijani Manat
Please provide values below to convert United States Dollar [USD] to Azerbaijani Manat [AZN], or Convert Azerbaijani Manat to United States Dollar.
How to Convert United States Dollar to Azerbaijani Manat
1 USD = 0.588062334607468 AZN
Example: convert 15 USD to AZN:
15 USD = 15 × 0.588062334607468 AZN = 8.82093501911203 AZN
United States Dollar to Azerbaijani Manat Conversion Table
| United States Dollar | Azerbaijani Manat |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, used for all monetary transactions within the country.
History/Origin
The Azerbaijani Manat was introduced in 1992, replacing the Soviet ruble, and has undergone several redenominations, with the current version introduced in 2006 to stabilize the economy and control inflation.
Current Use
Today, the AZN is widely used in Azerbaijan for everyday transactions, banking, and trade, and is considered a stable currency within the region.